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A potential buyer has expressed interest buying the full capacity of a planned transmission line to carry Wyoming wind power to Colorado. LS Power is the developer of the Wyoming Colorado Intertie line, which will stretch 180 miles from near Wheatland to near Brush, Colo. Adam Gassaway of LS Power has declined to identify the… Continue Reading Wyo-Colo wind power line gets buyer interest

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Employment up in Colorado

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Employers in Colorado added 4,500 nonfarm payroll jobs from May to June, dropping the state’s unemployment rate to 8.5 percent, according to the state’s Bureau of Labor and Employment. While there was a net increase overall, government jobs dropped by 2,600 jobs, while the private sector added 7,100. June marked the fourth straight drop in… Continue Reading Employment up in Colorado

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As the new Consumer Financial Protection Bureau officially opened its doors Thursday, the House was considering legislation that could restrict its authority to act against abuses of the financial system. Republican sponsors of the bill say they are simply trying to promote transparency and accountability in the agency that was created a year ago as… Continue Reading House tries to shackle sway of new consumer agency

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Colorado wine tasting gets scientific

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Colorado wine makers are participating in a wine quality research study in hopes of learning ways to make their wines better and grow the $42 million industry. The Colorado Wine Industry Development Board and Nebraska Winery and Grape Growers Association have commissioned a study with Colorado State University’s Stephen Menke, an enologist. The study will… Continue Reading Colorado wine tasting gets scientific

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SpectWare owners Eric and Tabitha Skinner were en route to the biggest construction expo in the country and their stomachs were in knots. They were about to debut their new crane inspection management software, SpectWare Pro, to 120,000 experts in the crane and rigging industry at the March 2011 ConExpo in Las Vegas. Everything they… Continue Reading Crane software sees lift in national business

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The dollar is falling against the euro and most other major currencies ahead of a meeting of European Union leaders. Investors expect that the summit, taking place Thursday, will produce some sort of agreement to help stem the region’s debt crisis. Talks will focus on a new aid package for Greece and ways to stop… Continue Reading Dollar falls against euro ahead of EU meeting

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President Barack Obama said Friday Congress has a “unique opportunity to do something big” and stabilize the U.S. economy for decades by cutting deficits at the same time it raises the national debt limit ahead of a critical Aug. 2 deadline. He warned starkly that failure would mean “effectively a tax increase for everybody” if… Continue Reading Obama: Chance for ‘something big’ to calm economy

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A major contributor to the Great Recession of 2008-2009 was the decline in home prices. For the average household, the equity in their home is their largest asset, comprising a significant portion of their wealth. Wealth dropped an unprecedented $17.5 trillion over the seven quarters between mid-2007 and early 2009. We are beginning to see… Continue Reading Housing market shows consumers are ready to spend

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Colorado Springs Real Estate Briefs Nov. 22, 2002

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Earlier this week the Realtors Commercial and Industrial Society (RCIS) met at the former RockShox offices at 1610 Garden of the Gods Rd. for its November monthly meeting. The commercial and development community turned out in force for remarks by Bill Healy, the city’s new planning director. Based on early conversations with Healy, he’s ready… Continue Reading Colorado Springs Real Estate Briefs Nov. 22, 2002

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Colorado Springs Real Estate Briefs Nov. 15, 2002

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Judging by recent conversations with some of the commercial real estate community’s finest, the Pikes Peak region is suffering a few setbacks, but most brokers are busy. Foreclosures are up (29 recorded in the Daily Transcript this week), but savvy investors are poised for bargains – and new employers are still making announcements. Here’s hoping… Continue Reading Colorado Springs Real Estate Briefs Nov. 15, 2002

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